Year: 2018
Author: Köhler, Matthias
Credit and Capital Markets – Kredit und Kapital, Vol. 51 (2018), Iss. 2 : pp. 227–257
Abstract
Our analysis finds that, although a growing number of savings banks are making payouts, the majority do not make any. Furthermore, savings banks distribute only a small part of their net profit to the shareholders. This means that they can build up capital despite making payouts. Savings banks also hold significantly more capital than is called for by the regulatory framework. Finally, the regression analysis shows that savings banks that have less capital distribute profits to their shareholders considerably less frequently. This correlation has intensified since 2009, even though the Savings Banks Acts (Sparkassengesetze) were relaxed in individual federal states.
Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/ccm.51.2.227
Credit and Capital Markets – Kredit und Kapital, Vol. 51 (2018), Iss. 2 : pp. 227–257
Published online: 2018-06
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 31
Keywords: Savings banks distributions capital adequacy G21 G29 G35
Author Details
| Section Title | Page | Action | Price |
|---|---|---|---|
| Matthias Köhler: The Payout Behaviour of German Savings Banks | 1 |